Investing enthusiast (Small to Micro). My tweets are my views and not investment advice. Industries - Banking, Carbon credit, and Plastics Manufacturing
@WokePandemic That is their company they will take care what is appropriate for them, not for me or anyone to comment. Let’s not generalise. I see someone mentioned it helps breaking mental fatigue. Nothing wrong in this if it lifts up motivation and brings team spirit.
Trading dominates the business, accounting for roughly 88% of revenue in H1 FY25 .
The Generation unit is smaller (~12% of revenue) but growing in importance.
In Q1 FY25, the company spun off the Generation unit, signaling a strategic shift .
EKI operates through two segments:
https://t.co/tO11Rtoj0X Segment – purchasing and reselling carbon credits.
2.Generation Segment – generating carbon credits from its own projects.
This strategic restructuring is designed to provide clearer operational focus and potentially unlock greater value for shareholders by allowing each entity to pursue its specialized business objectives independently.
The demerger is contingent upon obtaining necessary approvals from regulatory bodies such as the Bombay Stock Exchange (BSE), the Securities and Exchange Board of India (SEBI), the National Company Law Tribunal (NCLT), as well as the company’s shareholders and creditors .
@AnujGoyal122709@IamNoOne0020@SAnalyst135@EKIEnergyEnking Selling education courses is a good move. It capitalises the niche expertise they have in the sector, low investment and good margin. Thay should have done it from beginning. The promoter sold only tiny part of holding at to fund their family houses, he clarified in last concall.
@IamNoOne0020@SAnalyst135 Yes no fraud or action by regulators on EKI energy, happy to see if you have any record to prove. The promoter didn’t sell its shares during the peak time nor had any pledges. Entire carbon credit market collapsed and eki had to fall. Always stay with facts.
#Xelpmoc
Xelpmoc approved partial sale of its investment in Mihup, 11,782 shares at ₹8,487.32 per share ₹10 crore.
Seems the Xelp has learnt from Fortigo. It gives boost to its balance sheet to be profitable. I personally think it was early to sell before listing of Mihup.
The Fed chose the big cut, reducing rates by half a percentage point to below 4-3/4 to 5 percent.
The economy is getting back to normal, inflation is back down to normal, and so now rates are heading back to normal.
The right decision, albeit a tad late.